NEW YORK (AP) — Changes are likely in store for Olive Garden with a new board of directors at the helm.
Activist investor Starboard Value on Friday succeeded in its push to replace all 12 seats on Darden Restaurants’ board with its own nominees. It’s not clear yet how Starboard will try to shake up the company right away. But last month, it issued a 294-page presentation detailing what it thought Darden’s management was doing wrong.
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